The Ibovespa rose over 0.4% to close at 132,971 on Monday, as optimism over US trade talks lifted risk appetite. Finance Minister Fernando Haddad said he would speak with US Treasury Secretary Scott Bessent, while President Trump invited Lula to call him anytime to resolve the dispute over the 50% tariff on Brazilian goods - an offer Lula welcomed by reaffirming Brazil’s openness to dialogue. Global sentiment was further buoyed by stronger-than-expected June payrolls and a modest rebound in Brazil’s industrial output, alongside growing bets on a September Fed rate cut following Friday’s weak US jobs report. On the corporate front, Raia Drogasil jumped 6.1%, B3 rose 1.4%, and Santander advanced 1.7%, while Banco do Brasil sank 6.9% after Central Bank data showed its May “implicit profit” plunged to R$516 million from R$3.5 billion a year earlier, triggering sharp downward revisions to Q2 earnings forecasts.